Northern silicomanganese 6517 mainstream assessment is at Yuan 4200-4350/mt (plus tax), southern silicomanganese 6517 mainstream assessment is at Yuan 4400-4500/mt (plus tax) and silicomanganese 6014 mainstream assessment is at Yuan 3800-3850/mt (before tax).
High carbon ferromanganese Mn65C7.0 mainstream assessment is at Yuan 3400-3500/mt (plus tax), mid carbon ferromanganese Mn75C2.0 assessment is at Yuan 5750-5850/mt (plus tax), low carbon ferromanganese Mn80C0.4 mainstream assessment is at Yuan 7800-7900/mt (plus tax).
The silicomanganese market is weak today with fewer activities. The spot market has few trade. The adjustment of silicomanganese spot price is basically over, but the effect of fallen trend is still having a long lasting effect. After the mid/low carbon ferromanganese price going down, the high carbon ferromanganese price is also down about Yuan 200/mt. Most plants has fewer adjustment avaliable due to high cost and low sales price. The fallen trend of ferromanganese in November is for sure, the transaction is thin and the upside-down situation is severe. |